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ADD to BW0497, CA-DIGITALTHINK.


Business Editors/High-Tech Writers

ADD to BW0497 (CA-DIGITALTHINK) after last graph graph, figure that shows relationships between quantities. The graph of a function y=f (x) is the set of points with coordinates [x, f (x)] in the xy-plane, when x and y are numbers.  xxx from time to time with the Securities and Exchange Commission.

                          DigitalThink Inc.
                       Statements of Operations
                (in thousands, except per share data)

                                   Quarter Ended       Year Ended
                                     March 31,          March 31,
                                  2000      1999      2000     1999
                                  ---------------    ----------------
Revenues:
 Delivered Learning fees       $  1,938  $   349   $  4,994  $  1,034
 Learning Solution
  services                        2,389      341      5,821       813
                                  -----    -----      -----     -----
   Total revenues                 4,327      690     10,815     1,847

Costs and expenses:
 Cost of Delivered Learning fees    954      285      2,409       855
 Cost of Learning Solution
  services                        1,517      222      3,337       361
 Content research and
  development                     1,307      689      4,082     1,657
 Technology research and
  development                     1,322      290      3,687     1,005
 Selling and marketing            4,378      933     11,596     2,970
 General and administrative         823      198      2,342       622
 Depreciation and amortization      390       82        915       236
 Stock-based compensation         1,567       55      3,663        58
                                 ------   ------     ------    ------
   Total costs and expenses      12,258    2,754     32,031     7,764
                                 ------   ------     ------    ------
Loss from operations             (7,931)  (2,064)   (21,216)   (5,917)
Interest and other income           706       92      1,055       166
                                 ------   ------     ------    ------
Net loss                        $(7,225) $(1,972)  $(20,161)  $(5,751)
                                 ======   ======     ======    ======
Pro forma basic & diluted net
 loss per common share(1)       $ (0.24) $ (0.09)  $ (0.79)   $ (0.34)
                                 ======   ======     ======    ======
Shares used in pro forma basic
 and diluted net loss per
 common share                    29,857   21,025     25,412    16,687

Supplemental data:
Adjusted loss applicable to
 common shareholders excluding
 stock based compensation
 charges                        $ 5,658  $ 1,918   $ 16,498   $ 5,694
Adjusted pro forma basic &
 diluted net loss per share(1)  $ (0.19) $ (0.09)  $  (0.65)  $ (0.34)
Shares used in pro forma basic
 and diluted net loss per
 common share(1)                 29,857   21,025     25,412    16,687

(1) Pro forma assumes the conversion of preferred stock into an
equivalent number of common stock at time of issuance.


                          DigitalThink Inc.
                            Balance Sheet
                            (in thousands)

                                     March 31,     March 31,
                                       2000          1999
                                     ---------     ---------
ASSETS
Current assets:
 Cash & equivalents                   $98,498        $9,455
 Accounts receivable                    5,322         1,116
 Other                                    792            34
    Total current assets              104,612        10,605
                                      -------        ------
Property & equipment, net               5,564           698
                                      -------        ------
Other assets                                0            27
                                      -------        ------
    Total assets                     $110,176       $11,330
                                      =======        ======

LIABILITIES & STOCKHOLDERS' EQUITY
Current liabilities:
 Deferred revenue                      $7,035        $1,166
 Other                                  5,261         1,086
                                        -----         -----
    Total liabilities                  12,296         2,252
                                       ------        ------

Total stockholders' equity             97,880         9,078
                                       ------        ------
    Total liabilities and
     stockholders' equity            $110,176       $11,330
                                      =======        ======
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 24, 2000
Words:406
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